397 W Chebanse Avenue,Chebanse, IL 60922
Chebanse, IL 60922
Description
"Rare Two-Unit Investment Opportunity in Chebanse" Don't miss this hard-to-find two-unit property in Kankakee County, offering existing rental income and additional upside potential. The property features two separate 1-bedroom units, with one unit on the main level and one upstairs. The upper unit is currently tenant-occupied, giving an investor the opportunity to step into an income-producing property while improving or leasing the remaining unit. Situated on a generous corner lot approximately 60 x 200 per assessor, the property also offers a large yard, detached garage, and unfinished cellar for additional storage. With limited multi-unit inventory in the Chebanse area, this property could be an excellent addition to a rental portfolio or a potential owner-occupant investment for a buyer looking to live in one unit while generating income from the other. Property will not qualify for traditional FHA
Details
| MLS # | 12758554 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | Z Realty Group | Zaneta Sanders |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.28 |
Interior
| Rooms Total | 7 |
|---|---|
| Heating | Natural Gas, Electric |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Parking Features | Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3104 |
Area Information
| State | IL |
|---|---|
| County | Kankakee |
| City | Chebanse |
| Zip Code | 60922 |
| Area | Chebanse |
| Listing VS Median (in 60922) | |
Price: $160,000 low | high Med: $195,944 On site: 20 low | high Med: 22 | |
Market Activity 60922
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Learn More About This Property
| State | IL |
|---|---|
| County | Kankakee |
| City | Chebanse |
| Zip Code | 60922 |
| Area | Chebanse |
| Listing VS Median (in 60922) | |
Price: $160,000 low | high Med: $195,944 On site: 20 low | high Med: 22 | |
